Nestled at 66 Storey Avenue in the serene Forest Lake, Hamilton, this residential ownership home unit boasts 6 bedrooms and is set on a level contour. Constructed in 1940 with wooden walls and an iron roof, both in average condition, the property offers a single carpark and a floor area of 115 square meters. It is governed by a Cross-Lease title, ensuring a unique ownership structure.
As per the valuation records, the property's Capital Value (CV) has seen a remarkable increase from $370,000 in September 2018 to $540,000 in September 2021, indicating a growth rate of 46%. The HouGarden AVM estimates the property's worth at $542,500, closely aligning with the recent sale on August 9, 2024, for $924,000.
Educationally, the property falls within the zones of Hamilton's Fraser High School, a Secondary school with a decile rating of 4, Forest Lake School, also with a decile rating of 4, and Maeroa Intermediate, rated at a decile 3. This makes it an ideal choice for families with school-going children.
Updated on September 18, 2024